RMA-Credit Risk Certified Designation Represents Industry Gold-Standard
June 6, 2007
CHARLOTTE, NC -- Glandon Capital Group, LLC, President Chris Elliott, has earned the prestigious credit risk certified designation (RMA-CRC) from the Risk Management Association. Elliott passed the five-hour, 126-question examination on his first attempt.
Glandon is a private firm that connects commercial borrowers with funding from a network of approximately 40 Southeastern community banks. It opened its Charlotte office in August 2005 and its Atlanta office in July 2006. Glandon Capital primarily focuses on funding commercial projects in the Southeast.
In developing the RMA-CRC designation, RMA worked with a committee of financial services industry experts from a wide cross-section of banks. Introduced in 2005 after three years of development with IBM, the CRC is the only industry-wide certification available to credit risk professionals, including lenders, credit analysts, credit officers and credit risk managers.
"At Glandon, our focus is on quality. Earning this gold-standard of credit risk certification demonstrates Glandon's commitment to professional excellence and our recognition of the fundamental importance of loan quality for our community bank partners," Elliott said.
About RMA:
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk and operational risk.
Headquartered in Philadelphia, Pa., RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 18,000 risk management professionals who are chapter members in financial centers through North America, Europe and Asia/Pacific. For more information about RMA and the CRC designation, visit www.rmahg.org.
About Glandon:
Glandon Capital Group, LLC, is a private debt firm that originates commercial loans from $2 million to $30 million from its Charlotte and Atlanta offices. Glandon's approach and quality underwriting builds upon deep and wide local market knowledge. Glandon provides borrowers access to capital through a network of more than 40 community banks in the Southeastern United States. Glandon also provides mezzanine financing ranging from $500,000 to $2 million for qualified transactions. For more information, visit www.GlandonCapital.com.
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Media Contact: Agnes Stevens
919-417-0858